At Breakaway, our advisors provide different levels of support depending on what each client needs, ranging from bookkeeper to controller to chief financial officer. But–what do each of those terms mean? In particular, our clients often ask us what we mean when we speak about a “controller.” How does that differ from a bookkeeper, or from a CFO?

When we first speak to a new client, we start by asking lots (and lots and lots) of questions about their business and their goals to assess what kinds of services they need. For some, this involves a conversation about the different foundational types of accounting, and what each can do for a small business.

Breakaway advisors are so much more than number crunchers. After all, there are plenty of people (and softwares) out there that can input some data and reconcile a few accounts for you. What sets Breakaway apart is the personal guidance advisors provide to every client. We come alongside our clients by really listening to their vision and goals for their business, and work together to find the financial path towards achieving those goals.

The old way of billing for accounting services–by the hour–left accountants burned out and clients underserved.

That’s why our BreakaWAY is different.

Our advisors work directly with their clients, striving to provide value and transformation, not just a list of completed checkmarks measured in minutes.

In today's digital age, small businesses are embracing technology to streamline their operations and improve efficiency. Popular cloud-based accounting softwares, such as Xero or Quickbooks Online (QBO) have become go-to solutions for many entrepreneurs. While these offer numerous benefits, there are five main reasons having an accountant or bookkeeper is still essential for many small businesses.

Breakaway Bookkeeping + Advising announced today that CEO and Founding Advisor Shea Keats was named to Portland Business Journal's prestigious 2023 40 Under 40 List.

Valuing a company is as much an art as it is a science. In this article I’ll walk through the basic steps of calculating the enterprise value of one’s business using the EBITDA multiple

The DuPont model received just one page in my finance text book but deserves enshrinement in the financial analysis hall of fame.

When it comes to accounting, understanding the language and principles behind financial transactions is crucial for any small business owner. Here are a few terms you’ll want to know whether you’re doing your own accounting, or have someone else doing it.

We realize it’s probably not hard to find someone to maintain your business’ financial accounts. There are lots of competent bookkeepers out there–and an endless array of software–that can add up your dollars and cents. But, what do those numbers mean, and most importantly–what do you do with them?